Current Attempt in Progress Monty Corporation purchased a 40\% interest in Moss Inc. for \$210. This imvestment gave Monty significant influence over Moss. During the year, Moss earned net income of $15 and paid dividends of $5. Assuming the purchase price was equal to 40% of Moss's net carrying amount when it was acquired. Prepare Monty's journal entries related to this investment using the equity method. Monty applies IFRS. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O For the amounts, List all debit entries before credit entries.) Account Titles and Explanation Debit Credit (To record investment purchase) (To record investment income) (To record receipt of dividend)